Naftomar confirms second-hand VLGC buysGreek owner looks to expand on the large vessel side with second-hand acquisitions and newbuildings.

NS United sells one of its oldest capesize bulkersJapanese shipowner NS United has taken a fleet renewal step with the sale of one of its oldest capesize bulkers, shipbrokers say. A Greek owner is believed to have purchased the 184,900-dwt NSS Fortune (built 2003), but the identity of the buyer has yet to be confirmed. Greek owner Soloi tied to bulker buy There is plenty of chatter about the pricing of the Mitsui Ichihara built vessel. Some

Spliethoff to install more scrubbers on fleetDiversified heavylift and MPP shipowner to have about half its fleet covered with scrubber use.

Mexico star Lagunas lights up landmark Marine Challenge CupRegulars at the Marine Challenge Cup have come face to face with some top players during its 20-year history. Former England internationals Shaun Wright-Phillips and Robert Lee have previously faced off against shipping's finest at the annual five-a-side football tournament in London. Redemption time for Skuld as it triumphs at Marine Cup At this year's event, it was Natalie Lagunas who caught

Aframax delayed by protesters hanging from bridgeEastern Pacific tanker held up as seven people mount "aerial blockade" in Canada.

Reed Smith: $1bn DB deal just the startGlobal law firm says marine portfolio sale cements its position in ship finance.

Klaveness, Kongsberg team up on plastics mappingNorwegian owner and technology company aiming to study distribution of waste in oceans.

Hunter close to finishing line in subsequent offeringArne Fredly's Hunter is nearing the finishing line with a subsequent offering. The Oslo-listed VLCC asset play vehicle is seeking to raise NOK 52m ($6.2m) from the move. It is working with Clarksons Platou Securities, DNB Markets, Fearnley Securities and Pareto Securities. The book on the share issue is set to close today.

Japanese partners order LNG bunker vesselK Line, NYK, Chubu Electric and Toyota Tsusho dive in with newbuilding for domestic trades

USTR details China tariff product exclusion processThe Office of the U.S. Trade Representative (USTR) on Friday afternoon published details on how companies and the general public can go about getting certain products excluded from the long list of Chinese goods now subject to additional import duties.

Compliance 360: Abolishing ICE would hurt trade enforcementAs some lawmakers call for getting rid of Immigration and Customs Enforcement (ICE), they should be mindful of how such an action would impact trade enforcement and legitimate commerce in the United States. In fiscal 2017, ICE and U.S. Customs and Border Protection made over 32,000 seizures involving counterfeit goods totaling an estimated value of more than $1.2 billion, according to a May 2018

CK Hutchison eyes small stake in OOILA unit of the world's largest operator of container ports, CK Hutchison Holdings, and other investors may purchase shares in Orient Overseas (International) Ltd. (OOIL) as part of COSCO Shipping's acquisition of the Hong Kong-based company's container carrier Orient Overseas Container Line (OOCL).

Transportation, logistics job bounceback continuesHiring growth at U.S. transportation and logistics companies continued in June after slowing significantly in April. Firms added another 15,400 jobs for the month following revised increases 17,600 and 2,400 positions in May and April, according to the latest preliminary data from the U.S. Department of Labor's Bureau of Labor Statistics (BLS). The April slowdown followed three consecutive months

China 'forced to make the necessary counterattacks'The United States on Friday officially adopted tariffs on a long list of on goods produced in China, prompting swift retaliation from Beijing.

Spot container rates down from last yearThe Shanghai Shipping Exchange's Shanghai Containerized Freight Index, which estimates spot container rates from Shanghai to 13 regions around the world, slipped 0.5 percent from last week's overall reading of 821.18 to a reading of 817.40.

Military veterans eyed for interstate trucking pilotThe U.S. Transportation Department has initiated a pilot program to allow 18-20 year old men and women who hold a U.S. military equivalent of a commercial driver's license to operate large trucks across state lines.

Driver charged with manslaughter, HOS violationsThe U.S. Department of Transportation's Federal Motor Carrier Safety Administration has declared New Mexico-licensed commercial driver Evaristo S. Mora to be an imminent hazard to public safety and has ordered him not to operate any commercial motor vehicle in interstate commerce.

Rolls-Royce selling marine business to KongsbergRolls-Royce said Friday it has signed an agreement to sell its commercial marine business to Norway's Kongsberg for an enterprise value of 500 million British pounds (U.S. $663 million), and that it will net around 350 million to 400

FUTURES 1: Crude lower on US stock build, OPEC output increaseMeanwhile, according to a survey of industry officials, analysts and shipping data, OPEC's output in June stood at 31.99 million b/d, up 90,000 b/d from May.

OPEC/non-OPEC advisory panel to meet July 18, amid quota disputeThe meeting is the first step towards reallocating production quotas in the OPEC/non-OPEC supply accord.

Saudi Arabia boosts production in June to highest since Dec 2016: Platts surveyHowever, the kingdon's gains were offset by turmoil in Libya and continued declines in Venezuela and Angola.